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If DRM is added to HTML5, then those portions of HTML5 will become like the legacy cruft in HTML 1.0, etc., and won't be used universally. Open alternatives will be designed and will become de-facto standards. More IF's will be required in your web UI code.
Tim's key quote:

"If we don't put the hooks for the use of DRM in… people will just go back to using Flash."

- this underestimates the momentum at play, and the fact that developers have already found ways to monetize HTML-based content. Flash is never coming back.